Grocery Market Share in China
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RT Mart holds the record for highest sales at one store US$52.4 million. In 2009 RT revenue eclipsed both Walmart and Carrefour (when RT Mart had 121 locations half what it has today). RT Mart + Auchan has a 12.8% market share in China. RT-Mart and Auchan are part of the same company Sun Art Retail Group. Tesco's a distant 4th in China, market share in Asia is highest in Thailand at 13% (>1000 locations). In December 2012 Tesco reported a drop in China like-for-like sales. Carrefour 3q2012 same store sales -6.1%.
Wal-Mart last released China revenue figures in 2010 - that year its 328 stores had sales of $7.50b. Next door in Japan they were $8.0b (415 stores). Profit margins in China: 2% to 3%. 2012 store closures: RT Mart 0, Walmart 5, Carrefour 2, Tesco 5
China's grocery retail market was $1.5 billion as of 2015.
|
company |
store chg (last 4 yrs) |
locations |
-since- |
sales |
share |
|---|---|---|---|---|---|
| RT-Mart |
2012: +34 |
175 /2013 | 1998 | $9.74b (2012) | 12.8% |
| Walmart | +53, +47, +43, +30 | 397 | 1996 | $7.50b (2010) | 11.2% |
| Carrefour | +30, +29, +18 /2013 est +24 | 212 | 1995 | $7.10b (2012) | 8.1% |
| Tesco PLC | 2012: +14 /2013 est +16 | 139 | 2004 | see asia | na |
| Metro Group AG | newest in Qingdao, +12 | 64 | 1996 | $2.44b (2012) | 3.21% |
| Auchan | 2012: +1, largest Suzhou | 42 /2013 | 1999 | refer RT | |
| Costco Wholesale | Taiwan, may-may 2013: +3 | 9 | 1997 |
Sun Art owners include Jixin, Ruentex and the German retailer Auchan. RT parent Ruentex owns 60% of Sun Art. Auchan is the controlling shareholder of Jixin. Sun Art Retail Group Ltd is listed as HKG:6808 on the Hong Kong Stock Exchange.
